The ‘extreme’ gap in Canadian and U.S. interest rates
The Bank of Canada cut its benchmark interest rate on Wednesday. Its U.S. counterpart, the Federal Reserve, did not.
Financial Post3 天
As tariffs loom, here’s what economists have to say about Canada’s GDP
“While work stoppages negatively impacted activity, particularly in transportation, momentum elsewhere seemed quite muted as well and we continue to suspect that the Bank of Canada will need to cut ...
Anadolu Ajansi4 天
Canada lowers interest rate to 3%
The Bank of Canada on Wednesday ... the Bank now projects GDP will grow by 1.8% in both 2025 and 2026, somewhat higher than potential growth." The bank said its past interest rate cuts have ...
Morningstar2 天
Canada GDP Rebounds After Economy Contracts in November — 2nd Update
That would be broadly in line with the pace expected by the central bank and a further sign lower interest rates are working through what is still a sluggish economy. The Bank of Canada continues ...
Posthaste: Bank of Canada expected to cut interest rates as tariff threat looms
The Bank of Canada is heading into decision day next week with the country consumed by the threat of a trade battle with the ...
Yahoo Finance3 天
Canada's GDP contracts by 0.2% in November, likely rebounded following month
OTTAWA (Reuters) - Canada's economy contracted more than expected ... in economic activity despite several rounds of rate cuts. It has reduced interest rates by a cumulative 200 basis points ...
Canadian Dollar recedes after BoC cuts rates and ends QT
The Canadian Dollar lost 0.25% against the Greenback on Wednesday. The Bank of Canada cut interest rates by another 25 bps, ...
Yahoo Finance3 天
Canada's GDP contracts by 0.2% in November, likely rebounded following month
According to its initial estimate, the annualized fourth quarter GDP is likely to be 1.8%, or similar to what the Bank of Canada had forecast in its latest projections published this week. The central ...